4//SEC Filing
Raphael Joanne H 4
Accession 0001209191-21-005012
CIK 0000922224other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 7:38 AM ET
Size
16.6 KB
Accession
0001209191-21-005012
Insider Transaction Report
Form 4
PPL CorpPPL
Raphael Joanne H
SVP, GC & Corp Sec
Transactions
- Award
Stock Unit (SIP)
2021-01-21+8,119→ 8,119 total→ Common Stock (8,119 underlying) - Other
Performance Stock Unit (SIP)
2021-01-21−13,508.681→ 0 total→ Common Stock (13,508.681 underlying) - Award
Performance Stock Unit (SIP)
2021-01-21+16,237→ 16,237 total→ Common Stock (16,237 underlying) - Award
Performance Stock Unit (SIP)
2021-01-21+16,237→ 16,237 total→ Common Stock (16,237 underlying)
Footnotes (9)
- [F1]No conversion or exercise price applies. Under the terms of the Stock Incentive Plan (SIP), a restricted stock unit converts to a share of common stock on the applicable vesting date.
- [F2]The units will vest on 01/21/2024.
- [F3]As of 01/25/2021, total restricted stock units beneficially owned is 28,947.778. This total includes the 01/25/2018 grant of 6,754.934 restricted stock units, the 01/24/2019 grant of 7,372.108 restricted stock units, the 06/14/2019 grant of 350.609 restricted stock units, and the 01/23/2020 grant of 6,351.127 restricted stock units, plus in each case, the incremental addition of restricted stock units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such restricted stock units, and the 01/21/2021 grant of 8,119 restricted stock units.
- [F4]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2023. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2024.
- [F5]As of 01/25/2021, total performance units beneficially owned is 102,271.503. This total includes the 01/25/2018 grant of 13,508.681 performance units, the 01/24/2019 grants of 14,743.095 and 14,743.095 performance units, the 06/14/2019 grants of 700.126 and 700.126 performance units, and the 01/23/2020 grants of 12,701.19 and 12,701.19 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the 01/21/2021 grants of 16,237 and 16,237 performance units.
- [F6]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's return on equity over a three-year performance period ending 12/31/2023. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2024.
- [F7]No conversion or exercise price or exercise or expiration date applies.
- [F8]The Company did not achieve the threshold percentile ranking in the applicable index to trigger share awards, therefore performance units based on TSR granted in 2018 will be paid out at 0%.
- [F9]Total includes the reinvestment of dividends.
Issuer
PPL Corp
CIK 0000922224
Entity typeother
Related Parties
1- filerCIK 0001656784
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 7:38 AM ET
- Size
- 16.6 KB